johnnyh
Junior Member
π¨οΈ 4,492
ππ» 2,102
March 2011
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Bonhams β’ Art Auctions β’ London π¬π§, by johnnyh on Apr 17, 2013 19:30:32 GMT 1, The reserve price is an amount agreed with the seller that below the agreed price the lot will not be sold.
it technically can be above the low estimate but usually the low estimate or just below is the reserve price.
sellers usually know the guide estimate prices the auction house will set eg low estimate price then may be set at 2800 or 2500. This is useful as if an auction is not going well or poorly attended the auctioneer may start with low bids to get things going etc.
The reserve price is an amount agreed with the seller that below the agreed price the lot will not be sold.
it technically can be above the low estimate but usually the low estimate or just below is the reserve price.
sellers usually know the guide estimate prices the auction house will set eg low estimate price then may be set at 2800 or 2500. This is useful as if an auction is not going well or poorly attended the auctioneer may start with low bids to get things going etc.
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mmmike
Junior Member
π¨οΈ 2,421
ππ» 759
March 2010
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Bonhams β’ Art Auctions β’ London π¬π§, by mmmike on Apr 17, 2013 19:34:34 GMT 1, Well spent more than planned as always.. but picked up lot #44 - the large FAILE dog. shock of the day for me is the signed barcode !! still be interested in any information or just wild opinions on lot #1.. david
Well spent more than planned as always.. but picked up lot #44 - the large FAILE dog. shock of the day for me is the signed barcode !! still be interested in any information or just wild opinions on lot #1.. david Great pick up. Very nice. Not cheap but I'm sure you will enjoy it. |
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lee3
New Member
π¨οΈ 832
ππ» 1,290
November 2009
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Bonhams β’ Art Auctions β’ London π¬π§, by lee3 on Apr 17, 2013 19:35:23 GMT 1, Auction estimate $728k-1,037k
Banksy estimate $313k-$417k
Rest of Sale estimate: $415k-620k
Banksy was 43% of the low estimate and 40% of the high estimate
Results
Total Sale $797, 666 (61% of lots sold/ 39% unsold)
Banksy $603, 356 (100% of lots sold/ 0% unsold)
Banksy was 76% of the total revenue
Auction estimate $728k-1,037k
Banksy estimate $313k-$417k
Rest of Sale estimate: $415k-620k
Banksy was 43% of the low estimate and 40% of the high estimate
Results
Total Sale $797, 666 (61% of lots sold/ 39% unsold)
Banksy $603, 356 (100% of lots sold/ 0% unsold)
Banksy was 76% of the total revenue
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Nuno
Junior Member
π¨οΈ 1,095
ππ» 479
November 2007
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Bonhams β’ Art Auctions β’ London π¬π§, by Nuno on Apr 17, 2013 19:46:38 GMT 1, Just saw on Twitter that MBW was there to watch his Chaplin go unsold.....?!
Just saw on Twitter that MBW was there to watch his Chaplin go unsold.....?!
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Deleted
π¨οΈ 0
ππ»
January 1970
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Bonhams β’ Art Auctions β’ London π¬π§, by Deleted on Apr 17, 2013 20:03:39 GMT 1, A couple of bargains to be had such as the EINE LOVE/HATE & Circus A-Z canvases.
BIGGEST BARGAIN of the day...
Shep Fairey was a steal on steel for Β£750 from an edition of 2 from 2007.
Especially considering that the signed Obama poster from an Ed of 5000 sold for almost four times that at Β£2500
A couple of bargains to be had such as the EINE LOVE/HATE & Circus A-Z canvases. BIGGEST BARGAIN of the day... Shep Fairey was a steal on steel for Β£750 from an edition of 2 from 2007. Especially considering that the signed Obama poster from an Ed of 5000 sold for almost four times that at Β£2500 |
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RBK
Junior Member
π¨οΈ 2,925
ππ» 104
September 2006
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Bonhams β’ Art Auctions β’ London π¬π§, by RBK on Apr 17, 2013 20:07:48 GMT 1, What are the typical seller fees for items sold at Bonhams?
What are the typical seller fees for items sold at Bonhams?
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anodyne13
New Member
π¨οΈ 432
ππ» 212
April 2008
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Bonhams β’ Art Auctions β’ London π¬π§, by anodyne13 on Apr 17, 2013 20:57:52 GMT 1, I posted thsi somewhere else, but basically, take 40-45% off the final price including premium to see how much the seller nets out.
15% buyers premium + 1.5% damage cover + 20% VAT on the fees = 19.8% on the sellers side
+ 25% buyers premium
For a total of almost 45% on the auction price, if I had a more expensive piece the total would be closer to 40%.
I posted thsi somewhere else, but basically, take 40-45% off the final price including premium to see how much the seller nets out.
15% buyers premium + 1.5% damage cover + 20% VAT on the fees = 19.8% on the sellers side
+ 25% buyers premium
For a total of almost 45% on the auction price, if I had a more expensive piece the total would be closer to 40%.
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rosh
New Member
π¨οΈ 599
ππ» 252
March 2013
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Bonhams β’ Art Auctions β’ London π¬π§, by rosh on Apr 17, 2013 21:26:27 GMT 1, Very good results for Banksy. I find final results very stranges.. Somes Very high prices and others very low or stranges unsolds..
Very good results for Banksy. I find final results very stranges.. Somes Very high prices and others very low or stranges unsolds..
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craigf
Full Member
π¨οΈ 8,557
ππ» 846
May 2007
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Bonhams β’ Art Auctions β’ London π¬π§, by craigf on Apr 17, 2013 21:30:00 GMT 1, Lot 36 JosΓ© ParlΓ‘ (b. 1973) Untitled Β£5250 Damn that is cheap and someone got a bargain!!!
Banksy prices were in some cases pretty good for the buyer (Stop & Search, Rude Copper) others went pretty high such as the Gangsta Rat
Lot 36 JosΓ© ParlΓ‘ (b. 1973) Untitled Β£5250 Damn that is cheap and someone got a bargain!!! That was almost me, but was under bidder. It was a really lovely example, but timing of the auction was poor for me and although tempted to move my bid up I was conscious I am looking for a stand out piece (which maybe in many ways this is) and that it would have meant I had less money to spend on it. Banksy prices were in some cases pretty good for the buyer (Stop & Search, Rude Copper) others went pretty high such as the Gangsta Rat |
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Gard
Junior Member
π¨οΈ 1,604
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June 2012
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Bonhams β’ Art Auctions β’ London π¬π§, by Gard on Apr 17, 2013 21:32:26 GMT 1, Loved that Ludo piece. Too bad it went soo high..
Loved that Ludo piece. Too bad it went soo high..
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craigf
Full Member
π¨οΈ 8,557
ππ» 846
May 2007
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Bonhams β’ Art Auctions β’ London π¬π§, by craigf on Apr 17, 2013 21:35:09 GMT 1, Well spent more than planned as always.. but picked up lot #44 - the large FAILE dog. shock of the day for me is the signed barcode !! still be interested in any information or just wild opinions on lot #1.. david
What do you want to know about the LN? It was signed with COA, bought or gifted from Banksy a while back. I really liked the inscription, one of my favourite classic Banksy's
Well spent more than planned as always.. but picked up lot #44 - the large FAILE dog. shock of the day for me is the signed barcode !! still be interested in any information or just wild opinions on lot #1.. david The Faile Dog was big and very nice indeed so a great pick up What do you want to know about the LN? It was signed with COA, bought or gifted from Banksy a while back. I really liked the inscription, one of my favourite classic Banksy's |
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anbesivam1
Junior Member
π¨οΈ 1,493
ππ» 820
February 2012
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Bonhams β’ Art Auctions β’ London π¬π§, by anbesivam1 on Apr 17, 2013 21:41:14 GMT 1, Did anyone registered for the auction make an offer on this D*face piece? or did it go unsold without a single offer?
Did anyone registered for the auction make an offer on this D*face piece? or did it go unsold without a single offer? |
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craigf
Full Member
π¨οΈ 8,557
ππ» 846
May 2007
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Bonhams β’ Art Auctions β’ London π¬π§, by craigf on Apr 17, 2013 21:51:21 GMT 1, Did anyone registered for the auction make an offer on this D*face piece? or did it go unsold without a single offer?
Did anyone registered for the auction make an offer on this D*face piece? or did it go unsold without a single offer? It did receive bids, but didn't make reserve |
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Pistol
Artist
Junior Member
π¨οΈ 2,127
ππ» 1,787
February 2008
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Bonhams β’ Art Auctions β’ London π¬π§, by Pistol on Apr 17, 2013 21:56:30 GMT 1, Just saw on Twitter that MBW was there to watch his Chaplin go unsold.....?!
He turned up after the Chaplin went, but saw his larger piece sell. Had a good chat with him, had my photo taken with him and he signed my catalogue :-)
Just saw on Twitter that MBW was there to watch his Chaplin go unsold.....?! He turned up after the Chaplin went, but saw his larger piece sell. Had a good chat with him, had my photo taken with him and he signed my catalogue :-) |
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Sweetcorn
New Member
π¨οΈ 984
ππ» 487
January 2013
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Bonhams β’ Art Auctions β’ London π¬π§, by Sweetcorn on Apr 17, 2013 22:02:12 GMT 1, both his pieces went unsold
both his pieces went unsold
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Pistol
Artist
Junior Member
π¨οΈ 2,127
ππ» 1,787
February 2008
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Bonhams β’ Art Auctions β’ London π¬π§, by Pistol on Apr 17, 2013 22:08:54 GMT 1, Obviously wasnt paying attention then I thought the large one went! DOH!
Obviously wasnt paying attention then I thought the large one went! DOH!
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Shoot Again
Junior Member
π¨οΈ 5,595
ππ» 2,816
April 2011
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Bonhams β’ Art Auctions β’ London π¬π§, by Shoot Again on Apr 17, 2013 22:30:48 GMT 1, As much as I am not a fan of MBW never mind spending Β£20k on a canvas I found the auctioneer extremely unprofessional by laughing at the lot. I would not be pleased if I had put that lot up.
As much as I am not a fan of MBW never mind spending Β£20k on a canvas I found the auctioneer extremely unprofessional by laughing at the lot. I would not be pleased if I had put that lot up. Especially as Thierry Guetta was in the room himself ! Very unprofessional indeed, I agree ... |
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RolexDave
New Member
π¨οΈ 795
ππ» 130
September 2009
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Bonhams β’ Art Auctions β’ London π¬π§, by RolexDave on Apr 17, 2013 22:36:55 GMT 1, As much as I am not a fan of MBW never mind spending Β£20k on a canvas I found the auctioneer extremely unprofessional by laughing at the lot. I would not be pleased if I had put that lot up. Especially as Thierry Guetta was in the room himself ! Very unprofessional indeed, I agree ...
As much as I am not a fan of MBW never mind spending Β£20k on a canvas I found the auctioneer extremely unprofessional by laughing at the lot. I would not be pleased if I had put that lot up. Especially as Thierry Guetta was in the room himself ! Very unprofessional indeed, I agree ... The auctioneer was a liberty taker. Whether you like MBW or not, to be that cynical in public... I think he needed to be taken to one side and be reminded of his job. |
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Deleted
π¨οΈ 0
ππ»
January 1970
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Bonhams β’ Art Auctions β’ London π¬π§, by Deleted on Apr 18, 2013 7:08:51 GMT 1, As much as I am not a fan of MBW never mind spending Β£20k on a canvas I found the auctioneer extremely unprofessional by laughing at the lot. I would not be pleased if I had put that lot up. Especially as Thierry Guetta was in the room himself ! Very unprofessional indeed, I agree ...
Show someone a joke, and chances are they'll laugh.. unprofessional? yes. right ?, also yes.
As much as I am not a fan of MBW never mind spending Β£20k on a canvas I found the auctioneer extremely unprofessional by laughing at the lot. I would not be pleased if I had put that lot up. Especially as Thierry Guetta was in the room himself ! Very unprofessional indeed, I agree ... Show someone a joke, and chances are they'll laugh.. unprofessional? yes. right ?, also yes. |
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Shoot Again
Junior Member
π¨οΈ 5,595
ππ» 2,816
April 2011
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Bonhams β’ Art Auctions β’ London π¬π§, by Shoot Again on Apr 18, 2013 8:24:42 GMT 1, Especially as Thierry Guetta was in the room himself ! Very unprofessional indeed, I agree ... Show someone a joke, and chances are they'll laugh.. unprofessional? yes. right ?, also yes.
Especially as Thierry Guetta was in the room himself ! Very unprofessional indeed, I agree ... Show someone a joke, and chances are they'll laugh.. unprofessional? yes. right ?, also yes. Any chance for you Nuart to show your hatery for MBW and you jump on it, right ? ;-) Not blaming you, to each his own, but the point made here was different so nothing to due with the quality of the piece ! |
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Deleted
π¨οΈ 0
ππ»
January 1970
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Bonhams β’ Art Auctions β’ London π¬π§, by Deleted on Apr 18, 2013 10:13:19 GMT 1, Show someone a joke, and chances are they'll laugh.. unprofessional? yes. right ?, also yes. Any chance for you Nuart to show your hatery for MBW and you jump on it, right ? ;-) Not blaming you, to each his own, but the point made here was different so nothing to due with the quality of the piece !
peace
Show someone a joke, and chances are they'll laugh.. unprofessional? yes. right ?, also yes. Any chance for you Nuart to show your hatery for MBW and you jump on it, right ? ;-) Not blaming you, to each his own, but the point made here was different so nothing to due with the quality of the piece ! Apologies, really don't "hate" MBW, or any other artist for that matter. I think he's quite funny, I think his work is funny in a lol way too, I think an auctioneer laughing before auctioning it is also funny. Didn't mean to offend. peace |
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maven
New Member
π¨οΈ 185
ππ» 17
July 2011
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Bonhams β’ Art Auctions β’ London π¬π§, by maven on Apr 18, 2013 10:17:14 GMT 1, yea like that Ludo!
Talk about fake sales
yea like that Ludo!
Talk about fake sales
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Shoot Again
Junior Member
π¨οΈ 5,595
ππ» 2,816
April 2011
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Bonhams β’ Art Auctions β’ London π¬π§, by Shoot Again on Apr 18, 2013 10:19:04 GMT 1, Any chance for you Nuart to show your hatery for MBW and you jump on it, right ? ;-) Not blaming you, to each his own, but the point made here was different so nothing to due with the quality of the piece ! Apologies, really don't "hate" MBW, or any other artist for that matter. I think he's quite funny, I think his work is funny in a lol way too, I think an auctioneer laughing before auctioning it is also funny. Didn't mean to offend. peace
Any chance for you Nuart to show your hatery for MBW and you jump on it, right ? ;-) Not blaming you, to each his own, but the point made here was different so nothing to due with the quality of the piece ! Apologies, really don't "hate" MBW, or any other artist for that matter. I think he's quite funny, I think his work is funny in a lol way too, I think an auctioneer laughing before auctioning it is also funny. Didn't mean to offend. peace No offence taken, peace it is ;-) That being said considering how much the auctioneer is charging (25% to the buyer and certainly far too much to the seller as well), the least you can expect from him is to be (just) professional ... |
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sreinecke22
New Member
π¨οΈ 197
ππ» 21
April 2012
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Bonhams β’ Art Auctions β’ London π¬π§, by sreinecke22 on Apr 18, 2013 10:45:30 GMT 1, Sad to see that Faile is either going unsold ... or at low prices these days 
Sad to see that Faile is either going unsold ... or at low prices these days |
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Winter
Junior Member
π¨οΈ 7,155
ππ» 4,461
March 2007
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Bonhams β’ Art Auctions β’ London π¬π§, by Winter on Apr 18, 2013 11:47:39 GMT 1, The auctioneer has probably seen Exit Through The Gift Shop and can't believe MBW has actually made it to a large auction house
The auctioneer has probably seen Exit Through The Gift Shop and can't believe MBW has actually made it to a large auction house
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Shoot Again
Junior Member
π¨οΈ 5,595
ππ» 2,816
April 2011
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Bonhams β’ Art Auctions β’ London π¬π§, by Shoot Again on Apr 18, 2013 11:59:27 GMT 1, The auctioneer has probably seen Exit Through The Gift Shop and can't believe MBW has actually made it to a large auction house
www.phillips.com/Search?Search=brainwash&sbmt=
And anyway, since when making it to an auction house is a testimony of quality (of artworks) or not 
The auctioneer has probably seen Exit Through The Gift Shop and can't believe MBW has actually made it to a large auction house It's not the first time MBW has "made it" to a large auction house, PDP for ex. www.phillips.com/Search?Search=brainwash&sbmt= And anyway, since when making it to an auction house is a testimony of quality (of artworks) or not |
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Winter
Junior Member
π¨οΈ 7,155
ππ» 4,461
March 2007
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Bonhams β’ Art Auctions β’ London π¬π§, by Winter on Apr 18, 2013 13:32:03 GMT 1, I agree, you do get a lot of rubbish going through some of the bigger auction houses
I agree, you do get a lot of rubbish going through some of the bigger auction houses
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curiousgeorge
Junior Member
π¨οΈ 5,833
ππ» 1,091
March 2007
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curiousgeorge
Junior Member
π¨οΈ 5,833
ππ» 1,091
March 2007
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curiousgeorge
Junior Member
π¨οΈ 5,833
ππ» 1,091
March 2007
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Bonhams β’ Art Auctions β’ London π¬π§, by curiousgeorge on Apr 18, 2013 16:02:46 GMT 1, Ooops! How to delete multiple posts anyone?
Ooops! How to delete multiple posts anyone?
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